From: zerohedge OpenAI Seeks $90 Billion Valuation In Potential Sale Of Existing Shares | ZeroHedge OpenAI has been in discussions with investors about a possible share sale which would value the AI startup behind ChatGPT at between $80 and $90 billion, nearly triple what it went for in an April share sale. The startup, which[…]
From: zerohedge Musk’s Brain Implant Startup Receives FDA Approval For Human Tests | ZeroHedge Elon Musk’s brain-implant startup received approval from the Food and Drug Administration to conduct clinical trials of its experimental device in humans. “We are excited to share that we have received the FDA’s approval to launch our first-in-human clinical study!” Neuralink[…]
From Crunchbase News: Last month saw some big deals roll in, including the second-biggest of the year to date. However, the month significantly slowed — especially in terms of monster deals — as it wore on. That could well be due to Silicon Valley Bank’s collapse having at least some short-term effects on fundraising. That will[…]
From Bloomberg: SpaceX headquarters in Hawthorne, California.Photographer: Alisha Jucevic/Bloomberg By Gillian Tan, Edward Ludlow, and Giles Turner November 15, 2022 at 12:30 PM EST Elon Musk’s SpaceX is in talks to raise a funding round that values the rocket-launch and satellite company at more than $150 billion, people familiar with the matter said. The transaction being discussed[…]
Parker Conrad — May 11, 2022 Rippling has raised $250M in a round co-led by Bedrock and Kleiner Perkins, with participation from existing investors Y Combinator, Sequoia Capital, and more. The round values the company at $11.25 billion. I’m grateful for these investors’ conviction in Rippling, for the employees that have gotten us to this point,[…]
From: zerohedge Rivian CEO Warns Of Coming EV Battery Supply Shortage | ZeroHedge Rivian’s CEO is warning about a forthcoming shortage of battery supplies and says the forthcoming challenge from such a shortage would be more profound for the industry than the current semiconductor shortage. EV companies are in the midst of trying to scramble[…]
From: nypost Bolt valuation tanks after founder slams Silicon Valley ‘mob bosses’ A multibillion-dollar tech startup whose founder made waves earlier this year when he compared Silicon Valley to a “boys’ club” full of “mob bosses” has since seen its valuation in the secondary market crumble, The Post has learned. San Francisco-based Bolt, which makes[…]
From CNBC: Joseph Lubin, co-founder of Ethereum. Adam Jeffery | CNBC Blockchain start-up ConsenSys has raised $450 million in a new round of funding that more than doubles its valuation to $7 billion. The cash injection was led by ParaFi Capital, ConsenSys said Tuesday, with Microsoft, Japan’s SoftBank and Singapore’s Temasek also joining as new investors in[…]
From CNBC Sept 2021: Varo Bank has more than tripled its valuation after gaining a national banking charter last year, CNBC has learned. The company is set to announce Thursday that it raised $510 million in a Series E round led by hedge fund Lone Pine Capital and including dozens of new and existing investors. The[…]
PreIPOSwap.com — 4/9/2022 – Charlotte, NC — In case you haven’t heard of Relativity Space, it’s a company that 3d prints rockets. You heard that right, they print cones and rocket parts from a factory, run by robots and computers. To get an idea of how this actually works, you can watch this short 2[…]